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Latin America’s complex business landscape

Six Latin American countries are among the world’s top ten most difficult markets in which to do business, according to the Global Business Complexity Index 2023 (GBCI), published by accounting and research firm TMF Group.

Thursday, June 15th, 2023
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Oil FDI in 1Q23

Oil FDI in 1Q23

Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures for 1Q23. Here are the details.

Wednesday, June 14th, 2023
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New ANH president

Andrés Camacho Morales has been appointed as the new president of the National Hydrocarbons Agency (ANH), as previously reported.

Wednesday, June 14th, 2023
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Cab drivers will go on strike

Cab drivers across the country are preparing to stage a strike because of what they perceive as a lack of government attention to their concerns.

Wednesday, June 14th, 2023
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Primax to remove Shell lubricants

Primax announced its decision to remove the sub-distribution of Shell lubricants from its service portfolio in Colombia by July 15 of this year at the latest.

Wednesday, June 14th, 2023
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Petro’s proposal on fuels

Petro’s proposal on fuels

President Gustavo Petro has made a call for Colombians to consume less gasoline as part of an effort to support economic recovery.

Tuesday, June 13th, 2023
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Will ECP receive compensation for Reficar?

Ecopetrol (NYSE: EC) received notification that the International Chamber of Commerce in New York ruled in its favor in the arbitration dispute between Reficar and CB&I regarding the contract for the expansion and modernization of the refinery in Cartagena.

Tuesday, June 13th, 2023
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ECP to develop social projects

Ecopetrol (NYSE: EC) will allow more than 475,000 Colombians from all regions to benefit from 27 projects planned under the Tax-for-Infrastructure program.

Tuesday, June 13th, 2023
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Chevron´s plans

María de los Ángeles Manrique, manager of Chevron Colombia, highlighted the company’s focus on energy transition and its investments in the country.

Tuesday, June 13th, 2023
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The Caribbean coast is key for gas

The Caribbean coast is key for gas

The Caribbean region boasts a substantial share of Colombia’s natural gas reserves.

Tuesday, June 13th, 2023
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